As Cryptocurrencies Reach 5-month High, Check Out The Best Cryptocurrencies To Invest 2019

Last year, during the cryptocurrency winter people started trying to find out what happened to cryptocurrency. The price of Bitcoin fell from its all-time high of almost $20,000 all the way to $3150 where it allegedly bottomed at. Ethereum, XRP and other cryptocurrencies followed. Since the beginning of the year, however, the price of Bitcoin has been bullish. In fact, the Bitcoin bull run led to a market-wide cryptocurrency bull run. Now, people are trying to find out the best cryptocurrency to invest 2019. This is a list of the best cryptocurrency 2019 investment you can make based on the current price action.

As the price of Bitcoin and other cryptocurrencies fell during the winter, the trading volume of the entire market also fell. Everything became worse after the Bitcoin Cash hard fork war cost the entire market to fall even lower. Yesterday, according to CoinDesk, the cryptocurrency trading volume hit a 5-month high at $185.89 billion. The last time the market recorded such trading volume was on the 19th of November 2018. This is also the 10th time in a roll that the price of cryptocurrencies are opening bullish above the prior candle close to show that the bulls are in full control of the market.

Right now, Bitcoin is still the best cryptocurrency to invest in 2019. At the time of writing, Bitcoin (BTC) was trading at $5,172.27. This means that it is up by 0.40% against the USD. The trading volume over a 24 hour period is $17,166,429,375 and the market capitalization is $91,208,908,805. Bitcoin is always going to be the best cryptocurrency to invest in 2019. However, it’s also a good time to diversify your portfolio and invest in altcoins rather than just Bitcoin.

If you want to diversify your portfolio, consider adding XRP to it. XRP, just like Bitcoin, has a bright future. What’s more, it’s affordable. The money you’d use to buy one BTC can be used to hundreds of XRP. At the time of writing, XRP was trading at $0.353165. This means that it is down by 2.05% against the USD and down by 2.79% against BTC. The trading volume over a 24 hour period is $1,545,606,110 and the market capitalization is $14,742,447,123. Keep in mind that XRP has the best instinctive value in the cryptocurrency space. Investing in XRP would be less about profiting short-term and more about the technology.

Ethereum (ETH) is also one of the best cryptocurrencies to invest in 2019. Since the beginning of the year, the price of Ethereum (ETH) has been rising. At the time of writing the price of Ethereum was $177.79 USD. This shows a 5.90% increase against the USD and a 5.20% increase against BTC. The ETH trading volume is $9,356,497,703 and the market capitalization is $18,770,368,601. Ethereum has increased significantly from last years low of about $80. The latest Ethereum price prediction sets the price of ETH at $2000 by the end of the year.

These are the top three cryptocurrencies on CoinMarketCap. They are also some of the best cryptocurrencies to invest in 2019. This doesn’t mean they are the only good options. Other good cryptocurrencies include VeChain, EOS, Tron, ETC, BAT, LTC, and BNB. It’s always a good idea to diversify among the most promising cryptocurrencies.

What do you think about the best cryptocurrency 2019 or our list of the best cryptocurrencies to invest in 2019? Share your thoughts about the cryptocurrency news today in the comment section.

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The eCoin is a media that intended to deliver news and information related to the cryptocurrency and Bitcoin market.
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Disclaimer

Neither the author nor the publication assumes any responsibility or liability for any investments, profits, or losses made as a result of this information. Cryptocurrency trading and investing are risky propositions, and market participants are advised to always conduct thorough research.